Token

Cryptocurrency

Manta Network

Impact

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/token-unlocks-impact-altcoin-market-next-week/" data-wpel-link="internal">Token Unlocks Impact Altcoin Market Next Week</a> 
Cryptocurrency world will see four altcoins become significant next week due to token unlocks. Token unlocks can affect a token’s market liquidity. Increased supply from token unlocks can facilitate buying and selling for investors. However, it can also lead to price shifts and difficulties in executing large transactions. 
<h2 style="text-align: justify" id="token-unlocks-in-these-altcoin-projects-next-week">Token Unlocks in These Altcoin Projects Next Week</h2> 
The release of locked tokens can increase price volatility as investors react to new tokens entering the market. Significant price fluctuations may occur depending on <a href="https://finance.coin-turk.com/" data-wpel-link="external" target="_blank" rel="nofollow noreferrer">market conditions</a> and investor sentiment. The Pixels ecosystem will release 54.37 million PIXEL tokens starting Sunday, May 19. This amount represents 7.05% of the circulating supply, valued at approximately $19.02 million at current prices. 
PYTH will conduct the largest unlock in the series. On Monday, May 20, 2.13 billion PYTH tokens worth $906.09 million will be unlocked. These tokens account for 141.67% of the circulating supply. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-352989 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/pyth.png" alt="" width="658" height="737"> 
On Wednesday, May 22, the <a href="https://en.coin-turk.com/avalanches-remarkable-transformation-a-premonition-of-an-upcoming-rally/" data-wpel-link="internal">Avalanche</a> network will unlock 9.54 million AVAX tokens worth $329 million, representing 2.49% of the circulating supply. On the same day, Space ID will unlock 18.49 million ID tokens worth $13.21 million, representing 4.29% of the circulating supply. 
<h2 style="text-align: justify" id="token-unlocks-today">Token Unlocks Today</h2> 
Looking closer, there are a few token unlocks to watch this weekend. Among them, the Manta Network will release 6.67 million MANTA tokens on Saturday, May 18, representing 2.66% of the circulating supply. These tokens will have a total value of $10.40 million. 
On the same date, Oasis Network will release 171 million ROSE tokens. These tokens are valued at $14.82 million and represent 2.54% of the circulating supply. 
While token unlocks are often seen as a catalyst for price drops, well-structured unlock programs can support the long-term sustainability of projects. 
Strategically structured token unlock programs, aligned with project milestones and development progress, can incentivize team members, increase community engagement, and contribute to ecosystem growth. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/token-unlocks-impact-altcoin-market-next-week/" data-wpel-link="internal">Token Unlocks Impact Altcoin Market Next Week</a></h5>

Token Unlocks Impact Altcoin Market Next Week

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